Aemetis price target raised to $3 from $2.20 at UBS

UBS analyst Manav Gupta raised the firm’s price target on Aemetis (AMTX) to $3 from $2.20 and keeps a Buy rating on the shares. Aemetis announced that the California Air Resources Board has approved provisional pathways under the Low Carbon Fuel Standard for seven dairy digesters built and operated by Aemetis Biogas, which are effective as of January 1, 2025, the analyst tells investors in a research note.